1044 W 110th St 16 Unit Apartment Building $2,995,000 ($187,188/Unit) 7.09% Cap Rate Los Angeles, CA 90044

The unit mix consists of six 1+1, nine 2+1 and one 2+1.5 units. The investment consists of approximately 13,320 of rentable square feet and is situated on an approximately 18,010 square foot parcel. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and nine of the units have recently been renovated. The building amenities include a large parking area with fourteen total spaces, and the property is separately metered for both gas & electricity. The oversized lot offers an investor the opportunity to add eight additional ADUs (per county planner; buyer to verify), further enhancing the property's value.
Call/email Griffin White for complete package. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS 2) Interior Inspection/Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds & Pre-Qualification Letter with Offer. Broker/agent do not guarantee the accuracy of the square footage, lot size, development potential, or any other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify and complete own due diligence to verify accuracy of all information through physical and personal inspections and with appropriate professionals. Sellers are licensed real estate brokers in the state of California.